COURSE DESCRIPTION:
This 1.5-hour course examines financial statements in detail, including components of a balance sheet, their calculations, and the effects of transactions on the balance sheet and the income statement. Students should have some prior understanding of financial statements before taking this course.

LEARNING OBJECTIVES:
• Understand the main components of a financial statement,
• Identify measures of liquidity, risk of bankruptcy, and asset coverage.
• Recognize the effect of transactions on a balance sheet, from asset sales to stock splits and dividends.
• Understand the principle components of an income statement.

TOPICS COVERED:
• Introduction
• Lesson 1: Components of the Balance Sheet
•Lesson 2: Balance Sheet Calculations
• Lesson 3: Effects of Transactions on the Balance Sheet
• Lesson 4: The Income Statement

REGULATORY REQUIREMENT:
Please see the state/regulatory requirement from the course catalog page.

SEAT TIME:
This course has been approved for 3 hours.

COURSE PRE-REQUISITE:
N/A

TESTING:
Final Exam - You will be required to pass the final exam with a 70% in order to receive course credit.

COURSE COMPLETION:
Upon successful completion of this course you will be able to print your certificate online.

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